A five-member graduate student team from UCLA took home the silver shovel as the winner of the annual NAIOP SoCal USC vs. UCLA Real Estate Challenge. The team of Max Capogrosso, Briana Rayhaun, Rob Schrader, Sam Sherman, and John Sullivan devised the winning “Legacy Ranch” proposal to redevelop the historic Marine Corps Air Station Tustin South Hangar..
This year’s event, held November 16 at USC’s Town and Gown, pit five-member graduate student teams from the Ziman Center of Real Estate at UCLA’s Anderson School of Business and the Lusk Center at USC’s Marshall School of Business and Price School of Public Policy in a competitive battle to determine the highest and best use for a unique parcel of land in Southern California.
UCLA’s Legacy Ranch proposal was a mixed-use development featuring an architectural park that serves as its cultural hub. The park is to be surrounded by a variety of housing that aims to further advance Tustin’s diversity among all age groups and income brackets.